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REPORT DESCRIPTION
Teleprotection systems prevent failure and damage to systems by disconnecting the faulty part automatically and
often remotely. Teleprotection has gained significant traction around utilities and telecom. There is an increased
demand for teleprotected grids. Ageing grid infrastructures, improved communication systems and protocols,
demand for reducing transmission and distribution losses along others are driving the growth of teleprotection
market. Emerging opportunities for teleprotection systems lie in aerospace and defense sector. However, high cost
factor, lack of interoperability standards can be a restraint to the growth of teleprotection market. Various
components of the market include teleprotection unit, teleprotection software, and communication network
technology. The teleprotection unit part is segmented into multi-service access equipment, optical interface
equipment, directional electrical interface equipment, data circuit terminating equipment (DCE) and others. The
technology for communication networks can be sub-segmented into conventional and advanced systems. Various
hardware components include switches, relays, connecters, voice and teleprotection card, connecter ports, routers,
controllers, programmable logic controller (PLC), displays, interface device, and other communication network
components.
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